Danish supervisor calls out Velliv over SFDR disclosures
Finanstilsynet claims Velliv didn’t disclose likely impacts of sustainability-related risks on returns of financial products that it had designated as ‘Article 8’
Elo doubles pace of Finnish unlisted growth bets with €100m push in H1
Finnish pensions insurer posts narrowly positive Q1 return as bonds, property gains offset equities losses
UK pensions dashboard programme calls for data quality ahead of deadline
Pension funds are urged to fix data issues as pensions dashboard connection October 2026 deadline approaches
Former UK pensions minister claims VFM framework is ‘utterly unworkable’
Guy Opperman criticises UK’s proposed Value for Money framework as unworkable, as Pension Schemes Bill nears approval
CIOs must step up responsible investment efforts, say major asset owners
Members of the asset-owner project on the future of responsible investment include Allianz, Universities Superannuation Scheme and Denmark’s PKA
Consortia drive Italian pension funds’ access to private markets
Italian pension funds expand consortia model, boosting scale, cutting costs and deepening private markets exposure
EFRAG raises concerns over industry-driven metrics in sustainability standards
EFRAG warns ISSB’s reliance on SASB metrics risks confusion, complexity and weak interoperability across frameworks
Demand for emerging market equities rises among German pension investors
German pension funds increase emerging markets allocations, favouring selective strategies over broad structural shifts
Emma Douglas named chair of UK Pensions Regulator
Her five-year term begins on 1 July 2026, when current interim chair Kirstin Baker steps down
Videndum pension fund joins Clara-Pensions
Clara will also inject additional ringfenced capital into the scheme, enhancing security of members’ benefits as they begin journey to an insured buyout
NEST joins Australian superfunds in search of European private markets deals
A delegation of Australian super funds that includes NEST is seeking investment opportunities in European private markets, starting with France
Wellcome Trust Pension Plan appoints L&G as fiduciary manager
As part of the mandate, L&G will oversee £800m of assets on behalf of more than 3,500 pension fund members
Indecap expands legal objections to Swedish agency’s €18bn tender
‘This is about whether the system works as intended, not about an individual company or Indecap’s bid,’ says Mats Lagerqvist, Indecap’s CEO
Legal battle over transparency of Swiss public pension funds escalates
Court cases in Vaud test whether Swiss public pension funds must disclose investment allocations publicly
Portability reform sparks backlash from Italian funds
Italian pension funds oppose portability reform, warning of risks to private markets investment and domestic economic support
Nearly half of European assets now run by US managers
‘Europe is quietly losing control over how its capital is allocated’, warn observers
Rising rates wipe out asset gains as Dutch pension returns fall to -2.9%
HAL pension fund, the €166m pension scheme of the owner of FD Mediagroep (IPE’s parent company) returned 14%
LD Pensions switches to Federated Hermes EOS for engagement
Danish pensions manager also tightens up exclusion process, and improves systematic follow-up of milestones and dialogue progress
Net Zero Asset Owner Alliance names co-chairs from CDC, UN pension fund
Josselin Kalifa from Caisse des Dépôts Asset and Toru Shindo from the United Nations Joint Staff Pension Fund had been elected as co-chairs of NZAOA
Border to Coast and Railpen announce plans to vote against BP
UK pension investors flag concerns about transparency and governance at the oil and gas major BP
Norway’s SWF says all companies should add staff ownership schemes
Nicolai Tangen says share ownership plans ‘not about corporate social responsibility’ but ‘making good long-term financial decisions’
Swiss Tellco intervention seen as proof of effective pension fund oversight
Pension experts say Tellco intervention shows Swiss pension oversight works, despite governance concerns in multi-employer schemes
Obituary: Mark Mobius
Tributes follow death of Mark Mobius, pioneering emerging markets investor who reshaped global institutional investing
People moves: BT pension fund names trustee director
Plus: AP3 picks new head of equities; Sweden’s AMF elects chair
Standard Life acquires Aegon to create £480bn powerhouse
Transaction establishes Standard Life as UK’s second largest workplace pensions platform by assets, adding £74bn assets under administration and 2.1 million customers
Swedish pension giants back Stegra lifeline, but accept dilution
Wallenberg-led consortium steps in as green steel startup’s biggest investor, and pension funds AP2, AP4 and AMF all put in more capital
Germany’s pension reform to intensify competition and reshape market dynamics
DWS expects fierce competition and warns against state role following Germany’s third pillar pension reform rollout
Dutch pension funds hedge equity exposure in run-up to Iran war
Pension funds Foodservice, DHL and Gasunie hedge equities ahead of DC transition in the Netherlands, but strategies diverge sharply amid geopolitical volatility
MSCI overhauls climate index rules to address investor concerns
Climate Paris Aligned Benchmarks will no longer consider climate value at risk, transition scores or net-zero targets
Allianz develops climate adaptation taxonomy to clarify investability
Insurer classified 61 measures, paying close attention to extent to which benefits can be captured by private actors
Industry voices caution on supervisory expansion in Swiss pension reform debate
Swiss pension experts warn against overreach as reform review raises supervision and governance concerns
PFA says moves to underweight US stocks, tighten dollar hedging paid off
Danish pension funds upbeat about their ability to weather war-triggered market rout
NEST awards £450m direct lending mandate to Crescent Capital Group
The UK workplace pension scheme aims to allocate 30% of its AUM to private markets by 2030
PensionsEurope reiterates warning against workplace PEPP push
European Commission has proposed legal provisions aimed at ensuring member states do not prevent employer contributions to a PEPP, says PensionsEurope
Keva CEO calls for more state participation in investment to boost growth
Kiander cites rise of protectionism by major powers: ‘Remains to be seen how these changes will affect our own national strategy‘
First pillar pension funds exempted from Italy’s out-of-court dispute framework
Italy excludes professional first pillar pension schemes from new Covip-led out-of-court dispute mechanism
French reserve fund picks funds for €200m securitisation allocation
FRR says it may consider dedicated mandates in the future
Warburg Pincus launches European defence platform to tap structural growth
Private equity firm targets security and resilience sectors amid rising European defence spending needs
Asset managers and owners split over ESG, report finds
The divergence in interests is starkly revealed in a new report on proxy voting at shareholder meetings
Swiss supervisor puts pension fund under WTW administration
Tellco said the move was necessary due to ongoing disputes between members of the board of trustees
UK government to limit controversial Pension Schemes Bill reserve power clause
The power would be limited to no more than 10% of total assets held in default funds and by no more than 5% in UK-based assets
Swedish premium pension’s default fund paid off for most savers, agency finds
0-pp[Just over 13% of pension savers picking own funds actually outperformed AP7’s default product Såfa since the start, Pensionsmyndigheten reports
LAPFF signals further pushback against BP ahead of AGM
LAPFF is recommending a vote against the BP chair and other management-backed AGM items over transparency and governance concerns
APG adjusts executive renumeration policy after €1m CEO severance pay
In the future, salaries of the pension asset manager’s executive board will be more in line with those of its main client and owner, civil service scheme ABP
Germany’s VZB sues former director for investment in insolvent insurtech start-up
The lawsuit has been field for ‘breach of duty’, with damages close to €50m being sought
SIU, IORP II review: Dutch pension federation MD addresses MEPs
Edith Maat sets out the conditions for the success of the European Commission’s supplementary pensions package
Investors pressure freight and logistics companies to tackle air pollution
A coalition of investors, including AkademikerPension, LBP AM, Ethos Foundation, PIRC and Achmea, have said that air pollution is an environmental risk affecting human health
Italy’s Fondo Telemaco picks manager for private debt expansion
The strategy will be focussed on SMEs and mid-caps
People moves: NBIM names new chief risk officer
Norges Bank Investment Management, Smart Pensions, Santander Alternative Investments, Generali Asset Management, H.I.G.
PenSam says revamp ATP contributions to iron out pension inequalities
Danish pension fund for public-sector health and social care workers says the system disadvantages people in physically demanding jobs
